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— George Osborne"There are a lot of examples where people aren't getting the right information. We could do a lot more with credit card bills so people properly understand that if you pay off the minimum it could take you 41 years to pay off is that right."
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We should be looking at putting a limit on the interest that can be charged on things like store cards.You don't want to end up with totally draconian credit controls but you want some common sense. We want cooling-off periods for store cards so people can't take them out and go straight to the counter and buy things.
— George Osborne
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